Focus Universal
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Focus Universal's past years’ income statements indicate that its last revenue has increased compared to the previous period by 198% to $1,052,198. Profit margin reached -448%. Total operating expenses were $4,888,609.
Profit Margin
| 2014 | 15.9K | -20.50K | -128.97% |
|---|---|---|---|
| 2015 | 412.66K | -221.39K | -53.65% |
| 2016 | 337.49K | -440.90K | -130.64% |
| 2017 | 898.08K | -626.36K | -69.74% |
| 2018 | 308.12K | -2.02M | -657.08% |
| 2019 | 1.46M | -3.68M | -252.09% |
| 2020 | 1.67M | -2.71M | -161.69% |
| 2021 | 1.43M | -3.45M | -240.86% |
| 2022 | 353.61K | -4.54M | -1286.52% |
| 2023 | 1.05M | -4.71M | -448.41% |
FCUV Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.05M | 353.61K | 1.43M | 1.67M | 1.46M | 308.12K | 898.08K | 337.49K | 412.66K | 15.9K |
Cost of revenue | 958.41K | 330.89K | 1.13M | 1.39M | 1.34M | 137.89K | 726.25K | 57.12K | 134.68K | 5K |
Gross profit | 93.78K | 22.72K | 298.13K | 283.78K | 118.23K | 170.23K | 171.83K | 280.36K | 277.98K | 10.9K |
Operating exp. | ||||||||||
Research and development | 1.38M | 1.06M | 220.46K | 256.63K | 255.23K | 221.51K | 208.23K | 201.89K | 360.92K | 0 |
Selling and marketing | 140.99K | 142.37K | 39.82K | 22.59K | 46.62K | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 4.88M | 5.22M | 3.31M | 2.98M | 2.94M | 1.75M | 691.66K | 723.60K | 559.23K | 31.40K |
Operating income | -4.96M | -5.20M | -3.01M | -2.70M | -2.82M | -1.58M | -519.83K | -443.23K | -281.24K | -20.50K |
Other income (expenses), net | 244.66K | 278.70K | -204.39K | 166.8K | -351.56K | -440.94K | -105.83K | 4.13K | 60.65K | 0 |
Income before tax | -4.71M | -4.92M | -3.22M | -2.53M | -3.17M | -2.02M | -625.66K | -439.30K | -220.59K | -20.50K |
Income tax expense | 0 | -377.54K | 234.08K | 177.53K | 505.95K | 440.94K | 694 | 1.6K | -50.19K | 0 |
Net income | -4.71M | -4.54M | -3.45M | -2.71M | -3.68M | -2.02M | -626.36K | -440.90K | -221.39K | -20.50K |
Earnings per share | ||||||||||
Basic EPS | -0.08 | -0.06 | -0.05 | -0.04 | -0.05 | -0.03 | -0.01 | -0.00 | -0.00 | -0.00 |
Diluted EPS | -0.07 | -0.06 | -0.05 | -0.04 | -0.05 | -0.03 | -0.01 | -0.00 | -0.00 | -0.00 |
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